Pickering Mortgage
Information, Statisitics & Reports
Information, Statisitics & Reports
| Year | Year to Year Comparison | ** National Contribution |
|---|---|---|
| 2010: | * 3.40% | * 0.01% |
| 2009: | 24.49% | 0.09% |
| 2008: | 8.16% | 0.03% |
| 2007: | 10.20% | 0.04% |
| 2006: | 18.37% | 0.06% |
| 2005: | 13.61% | 0.05% |
| 2004: | 7.48% | 0.03% |
| 2003: | 8.16% | 0.03% |
| 2002: | 6.12% | 0.02% |
This graph represents the volumes of online mortgage applications received by CanEquity in each month for all years combined. The busiest months for mortgages from Pickering occur during our first quarter (represented by the brown bars) with 29.93% while our slowest is the fourth quarter (represented by the red bars) with 20.41%.
| Rank | Month | Percentage of Inquiries | |
|---|---|---|---|
| 1: | January: | 10.9% | |
| 2: | March: | 10.9% | |
| 3: | September: | 10.2% | |
| 4: | May: | 9.5% | |
| 5: | October: | 9.5% | |
| 6: | August: | 8.8% | |
| 7: | February: | 8.2% | |
| 8: | June: | 8.2% | |
| 9: | April: | 7.5% | |
| 10: | November: | 6.1% | |
| 11: | July: | 5.4% | |
| 12: | December: | 4.8% |
The bar graph below shows the busy days for Internet mortgage applications that were received by the CanEquity web site. Each day is a total combined representation of the last 5 years of all occurrences of that day. In Pickering the most busy day of the week, with 20.41% of all submissions, is Wednesday. In comparison, Saturday's are the slowest day with only 8.16% of all inquiries.
| Rank | Day of the Week | Percentage of Inquiries | |
|---|---|---|---|
| 1: | Wednesday: | 20.4% | |
| 2: | Monday: | 19.7% | |
| 3: | Tuesday: | 17.7% | |
| 4: | Thursday: | 11.6% | |
| 5: | Sunday: | 11.6% | |
| 6: | Friday: | 10.9% | |
| 7: | Saturday: | 8.2% |
In Pickering, mortgages are received 24 hours a day from the CanEquity web site. The statistics shown below indicates the busy hours within a 24-hour period. The data is taken from all days of all years. Only 45.6% of all mortgages are received before noon, while 53.7% arrive in the afternoon.
| Time Period (24 Hour) | Percentage of Inquiries |
|---|---|
| 00:00 to 00:59: | 0.7% |
| 03:00 to 03:59: | 0.7% |
| 04:00 to 04:59: | 0.7% |
| 05:00 to 05:59: | 1.4% |
| 06:00 to 06:59: | 1.4% |
| 07:00 to 07:59: | 2.7% |
| 08:00 to 08:59: | 8.8% |
| 09:00 to 09:59: | 12.9% |
| 10:00 to 10:59: | 8.2% |
| 11:00 to 11:59: | 8.8% |
| 12:00 to 12:59: | 6.1% |
| 13:00 to 13:59: | 6.8% |
| 14:00 to 14:59: | 7.5% |
| 15:00 to 15:59: | 8.8% |
| 16:00 to 16:59: | 6.1% |
| 17:00 to 17:59: | 4.8% |
| 18:00 to 18:59: | 6.8% |
| 19:00 to 19:59: | 2.0% |
| 20:00 to 20:59: | 1.4% |
| 21:00 to 21:59: | 1.4% |
| 22:00 to 22:59: | 0.7% |
| 23:00 to 23:59: | 1.4% |
| Online Mortgage Origination for the Province of | Percentage of applications |
|---|---|
| Alberta: | 21.10% |
| British Columbia: | 10.87% |
| Manitoba: | 2.09% |
| New Brunswick: | 2.10% |
| Newfoundland and Labrador: | 1.15% |
| Nova Scotia: | 2.91% |
| Northwest Territories: | 0.32% |
| Nunavut: | 0.08% |
| Ontario: | 48.83% |
| Prince Edward Island: | 0.44% |
| Quebec: | 4.14% |
| Saskatchewan: | 5.07% |
| Yukon Territories: | 0.26% |
| Location | Contribution | |
|---|---|---|
| 025: | THUNDER BAY, ON | 0.397% |
| 026: | PETERBOROUGH, ON | 0.397% |
| 027: | WHITBY, ON | 0.378% |
| 028: | SAULT STE MARIE, ON | 0.369% |
| 029: | SUDBURY, ON | 0.359% |
| 030: | PICKERING, ON | 0.345% |
| 031: | NIAGARA FALLS, ON | 0.340% |
| 032: | NEWMARKET, ON | 0.310% |
| 033: | NEPEAN, ON | 0.303% |
| 034: | CORNWALL, ON | 0.291% |
| 035: | SARNIA, ON | 0.279% |
| Mortgage Application Form Type | Percentage of Inquiries | |
|---|---|---|
| Refinance: | 24.5% | |
| Qualification: | 20.4% | |
| Renewal: | 15.6% | |
| First-time Buyer: | 11.6% | |
| No Money Down: | 10.9% | |
| Purchase: | 10.2% | |
| Pre-approval: | 2.0% | |
| Variable Rate: | 2.0% | |
| Other: | 2.8% | |
| Total Application Types Found: 12 | ||
Average age: 39
Oldest age: 69
Youngest age: 21
The information below represents the average income of applicants living in Pickering who have submitted an inquiry using CanEquity's pre-approval application.
| Average annual gross income for | |
|---|---|
| mortgage applicants in Pickering: | $64,719.15 |
| applicants within all of Canada: | $58,582.39 |
| Difference: | $6,136.77 |
| mortgage co-applicants in Pickering: | $52,740.89 |
| co-applicants within all of Canada: | $41,225.82 |
| Difference: | $11,515.07 |
The pie chart below shows the residential status of people living in Pickering who have submitted a mortgage inquiry using CanEquity's online mortgage application.
| Residential Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Rent: | 22.4% | |
| Own: | 63.9% | |
| Other: | 3.4% | |
| No Comment: | 3.4% | |
| Live with parents: | 6.8% |
The following pie chart represents the marital status of applicants from Pickering, Ontario using the mortgage application found at canequity.com. In Pickering, over 64% of the mortgage applicants are living with someone, while only 34% are not living with someone.
| Marital Status of Mortgage Applicant | Percentage of Inquiries | |
|---|---|---|
| Married: | 55.1% | |
| Single: | 24.5% | |
| Common-law: | 9.5% | |
| Separated: | 7.5% | |
| Divorced: | 2.0% | |
| Widowed: | 1.4% |
